The Philadelphia mint minted almost one-third of the total Morgan silver dollar number in 1887, or precisely 20,290,000 pieces. This year’s total mintage was 33,611,710, and only a third of the coins came from New Orleans and San Francisco. Their thickness is 0.09449 inches (2.4 mm), and their diameter is 1.5 inches (38.1 mm).Ī lso read: 14 Most Valuable Coins In Circulation 1887 Morgan Silver Dollar Value GuidesĮven though three mints produced 1887 Morgan silver dollars, only the one in Philadelphia minted two types. The 1887 Morgan dollars weighing 0.8594 troy ounces (26.73 g) contain 90% silver or precisely 0.77344 troy ounces (24.5 g). The 1887 Morgan Silver Dollar (other features) The coin reverse is packed with inscriptions and symbols, including: This coin obverse shows Liberty’s head with a Phrygian cap decorated with flowers, wheat, and a ribbon with a written LIBERTY.

Besides 710 proofs, all 1887 Morgan dollars minted in three mints were from regular strikes. Morgan created these beautiful coins minted from 1878 to 1904, with the last mintage in 1921 after 16 years of pause. Therefore, some specimens are unbelievably scarce.Ī lso read: 12 Most Valuable One-Dollar Coin Worth Money Features of the 1887 Morgan Silver DollarĮngraver George T. The US Mint produced about 657 million Morgan dollars, but hundreds of thousands of these silver coins were melted. Once you decide to begin collecting these pieces, be aware that the set includes 96 date-and-mint combinations. Morgan, and these popular coins were named after him. The reason for ceasing production was a shortage of silver for this purpose.Īfter the Pittman Act of 1918 allowed silver dollars melting and their recoining, the US Mint issued this coin type in 1921, but Peace dollars came the same year and took over the primacy. The US Mint officially minted silver Morgan dollars from 1878 to 1921, but no coins were produced from 1905 to 1920. Besides being attractive collectibles, many Americans consider these silver specimens a profitable investment. It is particularly true when dealing with specimens in the highest grades, perfectly-looked proofs, and rare error pieces. The 1887 silver dollar value can be incredibly high. Morgan silver dollars are definitely at the top of popularity for US coins because of their attractive design and precious metal content. Rare 1887 Morgan Silver Dollar Errors List.Features of the 1887 Morgan Silver Dollar.History of the 1887 Morgan Silver Dollar.

1972 silver dollar value